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Flat 2, Nova Apartments 16, Purley is described in the public record as an early-century apartment with 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Nova Apartments 16, Purley is £351,708 and its rental estimate is £1,706 per month, given the available information and assuming reasonable condition.
Nova Apartments, Smitham Downs Road is a residential building on Smitham Downs Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Flat 2, Nova Apartments 16, Purley has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Nova Apartments 16, Purley, we estimate a market value of £369,293 and a rental value of £1,791 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,088 and £1,586 per month respectively.
Over the last year, Flat 2, Nova Apartments 16, Purley has seen its estimated sale value drop by £8,490 (2.4%) and its estimated rental value rise by £63 per month (3.7%). This results in an estimated gross rental yield of 5.8%.
Flat 2, Nova Apartments 16, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, electric.
Over the past 2 years 3 properties similar to Flat 2, Nova Apartments 16, Purley have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2024, was 7, Kingsmead Court 10, Smitham Downs Road, Purley, CR8 4FG, a leasehold flat which sold for £390,000.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 106 addresses on Smitham Downs Road, Purley, CR8, Flat 2, Nova Apartments 16, Purley comes out as the 79th largest and the 87th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the CR8 district.
From Flat 2, Nova Apartments 16, Purley, the nearest station is Reedham (London), 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Nova Apartments 16, Purley, 53.7% of property is privately owned with a mortgage and 26.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Nova Apartments 16, Purley, 19.1% of residents are recorded as possessing school level qualifications and 51.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Nova Apartments 16, Purley, the average age was 42.8 and the most common age was 57.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Nova Apartments 16, Purley, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Nova Apartments 16, Purley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
